KIEV, July 27 â€“ Political uncertainty is impeding the appearance of investment companies on Ukraine's real state market, Managing Director of the First Ukrainian Development (FUD) Yefim Borodulin told Interfax-Ukraine.

"Investment funds have told us that the projects we've developed are good, but first, handle the politics, [while] banks said that the projects should meet their criteria to get lending. But in Ukraine it's not clear who and how issues permits for selling and changing the status of agricultural land, and leasing agreements are concluded for no more than 15 years, while in the rest of the world it is 99 years," he said.